Trump says Venezuela to buy only US‑made products with oil deal revenueUS President Donald Trump announced Wednesday that Venezuela agreed to purchase only US-made products with proceeds from a newly arranged oil deal.
In a post on his social media company Truth Social, Trump said these purchases would include agricultural products, and medicines, medical devices, and equipment to "improve Venezuela’s Electric Grid and Energy Facilities."
“In other words, Venezuela is committing to doing business with the United States of America as their principal partner – A wise choice, and a very good thing for the people of Venezuela, and the United States,” he added.
On Tuesday, Trump announced that interim authorities in Venezuela had agreed to transfer between 30 million and 50 million barrels of sanctioned oil to the US to be sold at market price.
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